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Simple interest on 10,000 at 15 per cent for one year is:
A2100
B1500
C1200
D1800
Answer & Solution
Correct answer: B. 1500
1. On 100 the interest for a year is 15.
2. So on 10,000 it is 15 by 100 times 10,000.
3. That gives 1500.
4. The answer is 1500.
_Source: NCERT Class 8 Mathematics, Ch 7 'Comparing Quantities'_
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